Leidos and Analogic Form Security Tech Venture

Leidos Holdings is set to combine its security and industrial automation businesses with Analogic Corporation, a specialist in security imaging and detection, to form a new joint venture. This strategic combination involves Leidos contributing significant business units, including security enterprise solutions and ports & borders, representing approximately 1,500 employees and an estimated $625 million in projected 2026 revenue. Analogic, owned by Altaris, adds its expertise in areas like MRI and baggage screening.